1. As a business owner or manager, you understand the
many expenses related to the day-to-day operation of
your business. Business electricity costs can be a
considerable amount of these expenses and can
potentially cut so deeply into your profit margins as to
cause financial stress in your workplace. There are several
steps which can be taken to effectively trim your monthly
business electricity costs.
2. First, you need to have a thorough understanding of the
business electricity prices in your area and what other
businesses which are similar to yours are doing to mitigate
such costs. Reinventing the wheel should never be the
goal when considering energy savings, so feel free to
utilize any tips or tricks other business owners have used
to reduce their business electricity costs. It may come as a
surprise to you that your primary competitors are able to
engage you in the market so effectively simply because
they have less overhead energy costs than you.
3. Second, be prepared to take whatever steps are necessary
to correct any overuse of electricity that may be taking
place in your business. Although you cannot always affect
the business electricity prices in your area, you can change
your immediate business electricity costs by making your
business more energy efficient.
4. Train employees to use less lighting in their workspaces by
using a small desk lamp with a compact fluorescent light
(CFL) which uses 13 W or less energy per hour of use.
When compared to large overhead lighting, a savings of
more than 75% can be seen in some circumstances. If you
are able to make use of more natural lighting, doing so will
save additional money over the year.
5. Finally, be prepared to spend a little extra money up-front
in order to save more business energy later. Light emitting
diodes (LED's) are becoming a more popular solution to
saving energy on lighting, but the cost of the devices is
approximately five times greater than the cost of
purchasing CFL's.
6. Even so, the energy savings are great enough to see a
return on your investment with two to three years of use.
Combine this with the fact that LED's last more than
20,000 hours and you have a wise business energy
investment.
7. They are several things you can do that are easy in your
business to reduce energy costs if you know how.
8. If you would like to find out more about reducing business
energy, consider using an energy broker.